Flare onboards Northstake as a validator & data provider

2023-12-8 23:03

Flare, the blockchain for data and EVM-compatible smart contracts platform, has onboarded Northstake, a regulated institutional staking provider, as a validator and data provider.

Northstake will now help secure the Flare Network by verifying transactions as well as support the blockchain network’s Flare Time Series Oracle (FTSO) as a data provider.

Enabling scalable, interoperable dApps

In an announcement shared with Invezz, Denmark-based Northstake said its data provision will contribute to applications on Flare accessing accurate and decentralised data feeds.

Commenting on their partnership with Flare, Northstake founder and CEO Jesper Johansen, said:

“We are excited to support Flare as they build a platform to enable scalable and interoperable DApps. As a Danish and EU-regulated virtual asset service provider, Northstake aims to enable compliant institutional participation in this new ecosystem. By becoming a Flare validator, we further our mission to enable institutions to engage in the emerging digital asset economy seamlessly.”

Northstake offers staking products that include single, multi-asset, thematic and yield-generating. Institutions can also access OTC and algorithmic trading services. The platform is regulated by the Danish Financial Supervisory Authority (DFSA).

According to details in Thursday’s news release, Flare currently has 91 network validators support its FTSO as data providers.

In addition to Northstake, Flare has also sealed partnerships with several other top infrastructure platforms. They include web3-native infrastructure provider Ankr, which announced a strategic partnership with Flare in July. The two platforms aimed at improving Flare’s remote procedure call (RPC) infrastructure for developers.

Other partners include Canada-based staking platform Figment, non-custodial staking and nodes provider Restake, and Luganodes.

Flare recently added FAssets, allowing non-smart contracts coins Bitcoin (BTC) XRP (XRP) and Dogecoin (DOGE) to be utilised trustlessly with smart contracts on the Flare network. Users can earn yield in DeFi dApps as well as bridge to other chains.

The post Flare onboards Northstake as a validator & data provider appeared first on Invezz

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Streamr DATAcoin (DATA) на Currencies.ru

$ 0.052692 (+0.03%)
Объем 24H $2.829m
Изменеия 24h: -0.33 %, 7d: -5.11 %
Cегодня L: $0.0524609 - H: $0.0530159
Капитализация $54.32m Rank 576
Цена в час новости $ 0.0320264 (64.53%)

provider flare data northstake network validator blockchain

Источник: invezz.com

provider flare → Результатов: 8


Flare Blockchain integrates with Arkham’s Intelligence Platform

Flare blockchain, often known as the blockchain for data, has forged a partnership with Arkham, a leading provider of blockchain analytics and intelligence solutions. This collaboration, effective as of September 29th, brings Flare’s robust network data analysis capabilities into the fold of Arkham’s Intelligence Platform, offering a powerful suite of tools for Flare users.

2023-9-30 17:01


Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Crypto investment products see first inflows in over a month

Digital assets investment products saw $130 million in inflows, the first after four weeks of outflows. Bitcoin remains above $62k and saw inflows of $144 million this past week. As Bitcoin shows fresh resilience above $62,000, latest market data reveals that digital asset investment products recorded inflows for the first time in over a month […] The post Crypto investment products see first inflows in over a month appeared first on CoinJournal.

Franklin Templeton says “Base Season” is here

Franklin Templeton is bullish on Base and Friend. tech is soaring. Meme coins and Social Finance (SocialFi) applications are driving growth for the Ethereum L2 network. Franklin Templeton, a $1.

Toncoin investors get opportunity with Notcoin: Is Bitbot next?

Toncoin price surged by more than 13% amid news around new project Notcoin (NOT). Binance and OKX among exchanges to list NOT token. Bitbot could be the game-changer for Telegram crypto traders As Toncoin (TON) gains ahead of the upcoming Notcoin (NOT) trading debut, investors keen on the Telegram ecosystem have their eyes on Bitbot […] The post Toncoin investors get opportunity with Notcoin: Is Bitbot next? appeared first on CoinJournal.

Analyst Sticks To Guns: Bitcoin Still Headed For $150,000

Tom Lee, co-founder of research firm Fundstrat, has ignited fresh bullish sentiment in the cryptocurrency world with his prediction of a Bitcoin price surge to $150,000 by the year’s end. Lee, a prominent Bitcoin advocate, remains confident despite a recent price dip and ongoing inflation concerns.